They vary per policy and per company. They will be listed on the policy itself under the section entitled "conditions".
deductable
Yes; the process is called subrogation. The insurer that paid for the repair of its's insured's vehicle succeeds to the right of action against the at-fault party for the purpose of collecting that which it paid. The subrogating insurer has no greater rights than its insured did, such that if its insured is found to have been, for example, 30% at fault for the collision (in those states that adhere to comparative negligence), the insurer can recover only 70% of its damages.
This is too broad a question to be answered succinctly, because an insurer has many duties. They depend, in part, upon the kind of insurance involved, and the legal requirements of the state in which the policy was issued. For example, under a liability policy, an insurer generally has the duty to investigate a claim made against the insured in order to determine whether it comes within the coverage of the policy. If it does not, it has the obligation to promptly notify the insured so that other arrangements for protection may be made (such as hiring ones own lawyer). If there is coverage, the insurer generally has the obligation to defend the insured by hiring a lawyer at its own expense, and paying any amounts for which the insured is found legally liable (up to the policy limits). Similarly, the insurer has an obligation to settle a claim within policy limits, and to thereby protect the insured from personal liability for any excess damages if it is possible to so settle the claim.
In most insurance policies today part of the terms are an agreement by the insured to cooperate with the insurer. Cooperation requries the insured to participate and assign their rights to the insurance provider for claims the insured has against the original tortfeasor. In the event that the insurer pays a claim that was caused by a 3rd party, the insurance provider will requrie their insured to sign over subrogation rights. In the case of uninsured motorist coverage, the insurance provider's right of subrogation is created by statute.
The insured is the person or entity who is covered by the insurance policy. The insurer is the entity (insurance company)that pays to, or on behalf, of the insured for a covered loss. That which is covered by the policy is set forth in the insurance policy.
The insured is the person or entity who is covered by the insurance policy. The insurer is the entity (insurance company)that pays to, or on behalf, of the insured for a covered loss. That which is covered by the policy is set forth in the insurance policy.
insurer to the insured
In insurance, the conditional contract requires that both parties must perform certain duties and follow rules of conduct to make the contract enforeable. The insured pays premiums and the insurer pays claims when both have complied with conditions.
An insurance contract is an agreement between the insurer and the insured. By its terms, in return for the payment of a premium by the insured, the insurer agrees to pay on behalf of the insured, certain damages for which the injured may be legally liable. The insurer may have other obligations, too, such as to provide a defense (hire a lawyer and pay related expenses) on behalf of the insured. It is important to understand that both the insurer's and the insured's obligations are specified in the policy. Therefore, if there is an occurrence that falls outside of the undertakings of the contract, the policy will not provide coverage. An example of this is that an auto insurance policy does not provide coverage for damage to furniture caused by a house fire. Likewise, if the insured has not paid premiums as agreed and the policy lapsed before a covered occurrence happened, the insurer may properly deny coverage because the policy was not in force at the time of the occurrence. There are other circumstances under which an insurer may be within its rights not to pay. Just what those circumstances are depend upon the kind of insurance involved and the facts of the dispute.
The insurer
The insurer
third party is a party except insured or insurer, who may be subjected to a loss involved with the insured